Technical Analysis of $SHIB /USDT Chart:

The price is trading at 0.00002230 USDT, with a slight drop of -2.76%.

Fibonacci Levels:

0.618 Level at 0.00002230: Acts as a potential support level.

0.786 Level at 0.00002170: Represents a deeper support zone.

0.00003265: Short-term target and initial resistance.

0.00003870: Intermediate resistance level.

0.00004349: Long-term target if the bullish scenario plays out.